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Mar 17, 2013
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were we cutting taxes or paying companies to hire people with tax credits, no? >> you hire somebody that is an investment and when we make an investment, that allowed people to say if my investment is successful, and then we'll generate capt cament. we don't need tax credits. you hire because of the good investment. jon as. do you need tax hikings even in the tepid recover? >> we already had tax increases this year and some of them are on hiring and the pay roll tax returning to the same level. there is drags on the economy and we'll need more taxes to close the gaps. companies would like taxes to be low but also don'tment -- don't want to collapse the economy. theymentment economy to grow and not go broke and some mix of spending cuts and tax increases will hopefully lead us down the path but not the japan path. i don't know which plan is better. they are both magic in my opinion. one wants taxes raised and the other want to lower it twitch percent like that is going to balance the budget. i don't know which one is working. >> johnathon, you took a hike up a bi
were we cutting taxes or paying companies to hire people with tax credits, no? >> you hire somebody that is an investment and when we make an investment, that allowed people to say if my investment is successful, and then we'll generate capt cament. we don't need tax credits. you hire because of the good investment. jon as. do you need tax hikings even in the tepid recover? >> we already had tax increases this year and some of them are on hiring and the pay roll tax returning to the...
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Mar 15, 2013
03/13
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tax center, it would give the average american tax cut of $3,300 which is a 5% increase in after-tax income, and those making between $40,000 and $50,000 would get a tax cut of $670, and about 1.6% tax increase after tax income, and the big winners are the big earners of those making $1 million and more would see a tax cut of $408,000 which is a 19% more in after-tax income. and now ryan's plan is to be revenue neutral and we don't know what taxes go up to make up for the taxes he is cutting like the amt and the obama care, and the tax rate cut, and $12 trillion would be lost from the proposal and we don't know what offsets would be, but the house opposes any increase in capital gains and dividends, and of course, very important for retirees and they oppose dropping charitable e deductions so it is unclear where the money would come from and for now the top earners and the retirees the ryan plan is attractive and you can read more on cnbc.com. >> thank you, robert. we have breaking news and for that we go down the kate kelly. >> tyler, thank you so much. i am outside of the hearing r
tax center, it would give the average american tax cut of $3,300 which is a 5% increase in after-tax income, and those making between $40,000 and $50,000 would get a tax cut of $670, and about 1.6% tax increase after tax income, and the big winners are the big earners of those making $1 million and more would see a tax cut of $408,000 which is a 19% more in after-tax income. and now ryan's plan is to be revenue neutral and we don't know what taxes go up to make up for the taxes he is cutting...
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Mar 19, 2013
03/13
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or no tax. so they may have avoided imposing that 10% tax, but it certainly doesn't shore up any confidence in keeping your money in banks there. bill? >> all right. bertha, thank you very much. >> that's what it's all about. >> that is the key, right there. let's talk about it in today's "closing bell" exchange. steven hammers out there in the ether somewhere. it's randy batsman here next to me and our own rick santelli. rick, we're all getting a civics lesson on cyprus, that little tiny island in the eastern mediterranean. should in this matter with you putting a portfolio together here in the united states? >> oh, absolutely. have you noticed that the european central figures are a bit like the lemmings. every few quarters, they decide to take their launch off the cliff. and this time, i can't imagine who thought this was a good idea. i mean, if you look at cyprus' economy, there are two major factors to that economy. tourism and financial services. you could kill the financial services immed
or no tax. so they may have avoided imposing that 10% tax, but it certainly doesn't shore up any confidence in keeping your money in banks there. bill? >> all right. bertha, thank you very much. >> that's what it's all about. >> that is the key, right there. let's talk about it in today's "closing bell" exchange. steven hammers out there in the ether somewhere. it's randy batsman here next to me and our own rick santelli. rick, we're all getting a civics lesson on...
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Mar 14, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome >>> welcome back. so, the dow is on track to close at yet another record high. all we need is a positive close there. it's the s&p we're watching there, getting ever-closer to its own all-time high. we are about four points away. bob pisani, how are changes looking in this rally right now? >> i think the amazing thing, and you're going to talk to jeff sprecher, maria, in a couple of minutes. i want to point out the exchanges are all hitting new highs today. the volume has been light. i.c.e., new high. i think people are starting to understand the synergies there. cboe, that's a new high. they locked up the s&p options contract for at 14 years. they just announced that. that
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome >>> welcome back. so, the dow is on track to close at yet another record high. all we need is a positive close there. it's the s&p...
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Mar 13, 2013
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and also, how are consumers going to react to increased taxes. so we're really watching out on all these economic numbers for q2. >> you also watch that, but i'm looking up at the transports that are up 102 points. >> 102 points. >> which would confirm the move we're seeing to new all-time highs right now on the dow. >> the only things that concerns me is you're not seeing this explosion in volume at these new highs. now, the s&p hasn't done it yet. maybe if we get through the s&p, all of a sudden there'll be this exposure. you don't feel it yet, but that being said, it's still making a new high, right? >> exactly. >> at least the dow is. s&p is still not. >> if we get a budget agreement, i'm really talking pie in the sky here. but they are talking, at least. if we get a budget agreement, that would have to help the market too, i think. >> and we would probably advise our s&p estimate. >> so what would it take? 10%? you could move it higher. >> exactly. because, ultimately, we'd start seeing the earnings and see the multiple expansions. right now
and also, how are consumers going to react to increased taxes. so we're really watching out on all these economic numbers for q2. >> you also watch that, but i'm looking up at the transports that are up 102 points. >> 102 points. >> which would confirm the move we're seeing to new all-time highs right now on the dow. >> the only things that concerns me is you're not seeing this explosion in volume at these new highs. now, the s&p hasn't done it yet. maybe if we get...
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Mar 14, 2013
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there is the value of the dollar, corporate tax reform. send me a note about what i'm supposed to ask. >> i will. steve and the treasury secretary. all right. you heard martha stewart right here on street signs backing ron johnson's vision for jc penney and now the stock is getting love. and later on, the growing backlash against the tsa's decision to allow knives back on planes. this may just be the dumbest thing the government has ever done and you know as well as i do, folks, that's saying a lot. we're back after this. >> ron johnson is here. i hope he is certainly here to stay. his vision is strategic and good. just got ahead of itself. it takes a while to change an institution. and i think that it all happened a little too quickly is the announcements, the dreams were all expressed a little too quickly. it takes work behind the scenes to make it happen. >> that was part of our interview with martha stewart. it's clear that she firmly believes in jc penney's turn around and she is not alone. saying if ron johnson could pull it off, inv
there is the value of the dollar, corporate tax reform. send me a note about what i'm supposed to ask. >> i will. steve and the treasury secretary. all right. you heard martha stewart right here on street signs backing ron johnson's vision for jc penney and now the stock is getting love. and later on, the growing backlash against the tsa's decision to allow knives back on planes. this may just be the dumbest thing the government has ever done and you know as well as i do, folks, that's...
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Mar 17, 2013
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i tend to lead toward the flat tax/fair tax. a flat tax put across the board and a consumption tax or payroll taxes which are still come what progressive. >> weird things about how opinions and politicians change. even president obama believes in lower tax rates or at least he did a year ago in something called principles for tax reform he says and the number one principle for tax reform lower tax rate. the tax system should be simplified and work for all americans with lower individual and corporate tax rates and fewer brackets. isn't that what the flat tax is all about? >> yeah. the flat tax basically gets people out of the tax so they can devote all of their brine cycles to their business. that is one of the great virtues and draws people together. if everybody is paying the same rate then i think we can unify this country again. and to mark's worry some what justifiable about the regressive nature toward poor people, just had a $30,000 or $40,000 or $50,000 the first 30, 40, 50 is exempt from taxes. so it doesn't hit the poo
i tend to lead toward the flat tax/fair tax. a flat tax put across the board and a consumption tax or payroll taxes which are still come what progressive. >> weird things about how opinions and politicians change. even president obama believes in lower tax rates or at least he did a year ago in something called principles for tax reform he says and the number one principle for tax reform lower tax rate. the tax system should be simplified and work for all americans with lower individual...
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Mar 19, 2013
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as part of that, you have to have tax reform and significant tax reform. and actually, simpson/bowles, a commission i served on, laid out a way to do it, got the tax rates down on the personal side to 9, 15 and 23% and the corporate to 26%. and you need to bring the corporate rate down to 24, 25, 26% and need to go to a territorial system. but you can't do that independent of the individual system, because if you have a huge gap between the top individual rate, say today it's at 42.5%, and if you took the corporate 25%, everybody started -- >> because then you have small business. small business got screwed at the expense of big businesses in the last tax bill. so you're right. so i -- look, i say, you're going to have big problems if you try to have a big personal and corporate together. i don't think it's possible. i don't know why you just can't do this. reform the corporate tax code. you can put limits on the deductions or -- i don't care. the president wants to do it. the republicans want to do it. just do it. but one exception. let small businessmen
as part of that, you have to have tax reform and significant tax reform. and actually, simpson/bowles, a commission i served on, laid out a way to do it, got the tax rates down on the personal side to 9, 15 and 23% and the corporate to 26%. and you need to bring the corporate rate down to 24, 25, 26% and need to go to a territorial system. but you can't do that independent of the individual system, because if you have a huge gap between the top individual rate, say today it's at 42.5%, and if...
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Mar 17, 2013
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obama is raising taxes on small busisses. he raised taxes on every single american. this man, this president is for austerity. he doesn't label it that but for it >> he is a smart man. not according to charlie. >> he did not sighment president stupid. economically he doesn't make sense. >> charlie said the statement stupid and i usually want to smack charlie. >> your point is what? >> my point is that the president is echoing what the american people feel. what is pal papable to them is extremely low interest ratings. you can borrow money to buy a house that most people haven't seen. >> it is hard to get a loan. >> there is not a lot of for gasoline. >> i am glad you brought that up. the people may feel that way and the people including the president. what he is saying. someone went to a dollar it is and the doctor said you may have cancer . instead of snoking one you oke two. it may not be full-blown cancer and they can understand that analogy. that is where we are going. >> if he is playing into it. >> you remember the last great economic prediction before the 10 y
obama is raising taxes on small busisses. he raised taxes on every single american. this man, this president is for austerity. he doesn't label it that but for it >> he is a smart man. not according to charlie. >> he did not sighment president stupid. economically he doesn't make sense. >> charlie said the statement stupid and i usually want to smack charlie. >> your point is what? >> my point is that the president is echoing what the american people feel. what is...
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Mar 20, 2013
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in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund, we'll raid it, take the cash, turn it into bond and we'll pay it back over time. the troika said that doesn't do anything for you. you still have liabilities. then they said we're also going it try to sell one of the bad banks. and the fact of the matter is if the bad bank were sellable, people like chris flowers and wilbur ross and tim collins would have been here a long time trying to buy it. they said maybe we'll split it up, divide it into the good bank and bad bank. we'll sell the good bank to the russians and the troika said selling the good bank is the easy part. what are you going to do with the bad bank? none of that is going to work. you will hear more about what the hopes are for russia from steve in
in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund, we'll raid it, take the cash, turn it into bond and we'll pay it back over time. the troika said that doesn't do anything for you. you still have liabilities....
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Mar 20, 2013
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we are concerned a variety of factors like concerns about the tax the banks may have, uncertainties about regulations which we are working on to get done as quickly as possible may have tightened the mortgage credit box more than would be desirable in the long run help the eeonomy. that has effect on my trade policy, one of the more powerful tools we have is in a state of home buying and related indust industry, so that is an issue we take into account. i would say one thing, as the housing industry has strengthened, home prices have gone up, that has brought some people into the credit box in the sense the number of people who are underwater in their mortgages is declining as house prices go up. so if people have bigger down payment, bigger equity in their homes, they become more creditworthy. i don't want to overstate it, but monetary policy by strengthening the housing market, helping support house prices is bringing more people into the mortgage market. >> peter barnes of fox business, sir. the stock market has been hitting all-time highs, it has recovered all of its losses from the f
we are concerned a variety of factors like concerns about the tax the banks may have, uncertainties about regulations which we are working on to get done as quickly as possible may have tightened the mortgage credit box more than would be desirable in the long run help the eeonomy. that has effect on my trade policy, one of the more powerful tools we have is in a state of home buying and related indust industry, so that is an issue we take into account. i would say one thing, as the housing...
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Mar 18, 2013
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40% of all individuals tax returns. it is a hugely popular deduction for money i mayans of homeownery year. it could be changing in a big way which might have a big impact on the housing industry. he was more details on what you need to know is former fannie mae executive vice president institute fellow. welcome to the show. this is having a huge impact on housing industry, wouldn't it? >> of it were done right, and wouldn't have a huge impact, to be a beneficial. this deduction is outlived usefulness. literally 100 years, so the value of it has declined and declined and declined year-over-year. use the money that you saved to reduce marginal impact bracket which would be positive. melissa: the devil is in that last detail you mentioned, what we really use eliminating it to lower marginal rates or would it be another thing that is sucked out to pay higher taxes. let's talk about how their talk about doing it in with the best way to do it would be, it wouldn't be so destructive to the market. the deduction is up $2 milli
40% of all individuals tax returns. it is a hugely popular deduction for money i mayans of homeownery year. it could be changing in a big way which might have a big impact on the housing industry. he was more details on what you need to know is former fannie mae executive vice president institute fellow. welcome to the show. this is having a huge impact on housing industry, wouldn't it? >> of it were done right, and wouldn't have a huge impact, to be a beneficial. this deduction is...
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Mar 16, 2013
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some people can agree on one level taxes ought to be at. fundamental disagreements that are fought out in elections. >> you cannot ignore the math. let's be clear abouthat. >> totally different from the blue smoke and mirror games that are being played by investors. j.p. morgan. other investors. neil: the only thing i will save, and pick up on this point. the difference was that the company quickly seized and acknowledged the mistakes, on up to the mistakes, plus representatives of the company for the mistakes and/or held accountable by shareholders for those mistakes. the shareholderr ultimately are th owners and the company and came back in place their confidence in the way the company handled it. >> epicure exactly right. what congress is doing is ignoring math because we have interest payments that we have to pay every year, just like you have to pay the interest on your mortgage. we have an interest payment, 250 billion per year. ten years looking at nearly a trillion dollars per year just per. 1 trillion. where will we get that? we ha
some people can agree on one level taxes ought to be at. fundamental disagreements that are fought out in elections. >> you cannot ignore the math. let's be clear abouthat. >> totally different from the blue smoke and mirror games that are being played by investors. j.p. morgan. other investors. neil: the only thing i will save, and pick up on this point. the difference was that the company quickly seized and acknowledged the mistakes, on up to the mistakes, plus representatives of...
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Mar 14, 2013
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increase, the start of the year, tax refunds were delayed. gas prices increased very sharply in the month. on top of that the weather map looked like grand central terminal for a snowstorm. lou: iust want to inject, when you say refund's amount of refunds were affected on this, as we understand it. that is just a narrow portion, if you will. still significant. >> there were some delays. that meant refund checks. lou: it was not therises felt we should point out. >> it was the fiscal cliff issue lou: as we look at this, the forecast adjustment, you look at net exports, and that inspired you. >> part of it is net exports. that is a sector that it really carry the economy from the end of the recession up until about middle of last year, and then it dropped off as things fell apart in europe, china growth wobbled, japanese growth looked pretty soft as well. lou: happeni in japan. >> i love it. and more iortantly, the economy looks fantastic. the housing sector continues to skyrocket. lou: don't tell me. >> spending. lou: what they call that? cnbc
increase, the start of the year, tax refunds were delayed. gas prices increased very sharply in the month. on top of that the weather map looked like grand central terminal for a snowstorm. lou: iust want to inject, when you say refund's amount of refunds were affected on this, as we understand it. that is just a narrow portion, if you will. still significant. >> there were some delays. that meant refund checks. lou: it was not therises felt we should point out. >> it was the fiscal...
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Mar 17, 2013
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i have seen a lot of tax protestors and they do put them in prison when they don't pay their taxes. yes, people go to jail. i'll let you fight the battle first. thanks to everybody that contacted the show. keep your comments coming in. tom sullivan show, we're open for business 24/7. check out our facebook page, and then tom sullivan show. there is a lot of tom sullivan show, you can follow me on twitter at slivan radio and all the things to contact us on the web my main webpage which is tomsullivan.com. thanks for joining us. make sure to tune in to the radio show. listen in through our fox news radio app. download it from itunes. you can hear us online by clicking live button on my main website. we or radio every day from 3:00 to 6:00 p.m. eastern time. we'll have another great show weekends. "the willis" report is coming up next. gerri: hello, i'm gerri willis live from the at atlantic city. tonight, new obamacare fees catching employers by surprise. what's in store for your company and why so many firms are fuming. also, it's a whale of a problem for j pmorgan, b did the bank ig
i have seen a lot of tax protestors and they do put them in prison when they don't pay their taxes. yes, people go to jail. i'll let you fight the battle first. thanks to everybody that contacted the show. keep your comments coming in. tom sullivan show, we're open for business 24/7. check out our facebook page, and then tom sullivan show. there is a lot of tom sullivan show, you can follow me on twitter at slivan radio and all the things to contact us on the web my main webpage which is...
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Mar 19, 2013
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it back and pay the taxes. that's an enormous issue for apple that's close to 70% of its cash overseas and it's not an easy answer for that today. and it could be $170 billion by the end of this year says the financial times this morning and what does it mean for the sector moving forward? so far it's disappointed many, many people. >> i guess the question is how do they put that cash to use? many of us would like to see greater buybacks and greater dividends and could there be more m and a coming which would be positive for the market. in the interim, stronger dividends and stronger buybacks is something that should help at least on the margin. >> let's just say, will, ceo tim cook picks up the phone and gives you a call and says hey, will, what do you think we should do with our cash? what would you tell him? >> i think they should increase the dividend moderately. they're generating $40 billion a year in free cash flow and that could be a 15 billion number and maybe even a $20 billion annual dividend. >> let
it back and pay the taxes. that's an enormous issue for apple that's close to 70% of its cash overseas and it's not an easy answer for that today. and it could be $170 billion by the end of this year says the financial times this morning and what does it mean for the sector moving forward? so far it's disappointed many, many people. >> i guess the question is how do they put that cash to use? many of us would like to see greater buybacks and greater dividends and could there be more m and...
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Mar 16, 2013
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-- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn nearly $150 million for the state in nevada. regardless of whether not you think the taxes are good or bad public policy, there is no denying that device is generating an enormous amount of what government seems to like most, revenue. the nra proposal to keep our kids safe in school is still the best solution. the "a-team" on where are the other leaders. the billionaire mayor wants to ban guns. styrofoam cups, smoking. but he won't ban pot holes and poverty. why not? damaging testimony today in the case of two ohio
-- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn...
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Mar 14, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. >>> ladies and gentlemen, children of all ages, welcome to the greatest show on earth thank you, thank you, thank you. the conservative circus known as cpac is back in town and they promised it would be new and different. sorry, kids. it's the same ol
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through...
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Mar 16, 2013
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the premium tax was in exchange for the business supposedly they would get. the device tax, people buy more devices, but dig into that, you find out that many of the small device manufacturers are not going to see the business change at all because of the affordable care act. same true for insurers, and, in this case, it is very unlikely that you will find the high cost patients who were excluded from the insurance pool in an employerponsored product, and the fee's not going to match that at all. >> all right. i have to get you to an economic question. among your many talents, you're an economist. today, we got a big disappointment witthe cnsumer confidence number that surprised people, not expecting it. we expected a better result. it drove the stock market down. what's going on here? >> i'm concerned about that. if you remember back in the fourth quarter of 2012, consumer confidence was high, business confidce low. that diversion can't persist, and the hope was it would come up, match, and have a sustained rally. it is troubling. consumer confidence ell wit
the premium tax was in exchange for the business supposedly they would get. the device tax, people buy more devices, but dig into that, you find out that many of the small device manufacturers are not going to see the business change at all because of the affordable care act. same true for insurers, and, in this case, it is very unlikely that you will find the high cost patients who were excluded from the insurance pool in an employerponsored product, and the fee's not going to match that at...
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Mar 15, 2013
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it is income tax? wealth tax? i think if take eps were turned and it was -- tables were turned it was all of a sudden about wealth tax they would have a problem. we have to go back to defining our terms, i think all of these things individually are hard to talk about, it has to be part of okay could if i'm going to give you two nickles, what two nickles are you going to give up. that is the only way we'll get there, a hard road t hoi, our problems is over spending. >> you know, conessman, n't it time republicans and democrats hold hands jump off the cliff together, and deal with their sacred cow whether it is republicans with defense, likes of senator coburn and others or democrats and en titanium am as nancy pelosi and harry reid have not is there bit of a need for risk taking on both parties part and we're not seeing that. >> there has to be risk taking on spending side. too much of this conversation right now is about taxes, right now it is about what taxes we raise. well we just raised taxes 4 months ago it st
it is income tax? wealth tax? i think if take eps were turned and it was -- tables were turned it was all of a sudden about wealth tax they would have a problem. we have to go back to defining our terms, i think all of these things individually are hard to talk about, it has to be part of okay could if i'm going to give you two nickles, what two nickles are you going to give up. that is the only way we'll get there, a hard road t hoi, our problems is over spending. >> you know, conessman,...
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Mar 18, 2013
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the liquor industry pays $6 billion per year federal taxes. the sex industry could do the same thing. there will still come. the bunny ranch is world famous. when you have a television show that has been on 11 years on hbo you get pretty famous. gerri: welcome back to "the willis report" live from atlantic city. we are talking the business of vice today. if you are looking to put your hand in gaming stocks in the we have you covered for some of the hottest picks out there. managing director joins me now. thank you for being with us. you're one of the smartest mines read comes to investing in the stocks. i want to start here with atlantic city produce say it is hard to play. >> if you look from a public equity standpoint there is very little exposure. the earnings from caesars, the it's an earnings. otherwise the main gaming companies just don't have a lot of investment, so it is not release an earnings driver for them. gerri: so let's talk about vegas because i think you find that an easier way to get into the marketplace. vegas is still suffe
the liquor industry pays $6 billion per year federal taxes. the sex industry could do the same thing. there will still come. the bunny ranch is world famous. when you have a television show that has been on 11 years on hbo you get pretty famous. gerri: welcome back to "the willis report" live from atlantic city. we are talking the business of vice today. if you are looking to put your hand in gaming stocks in the we have you covered for some of the hottest picks out there. managing...
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Mar 17, 2013
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you will get less tax revenue when the economy is smaller. this is something that the market understands. they want to see the economy grow. less in the future is better for the economy and markets. neil: that would mean no that if we are continuing on this trend, everything that the markets are celebrating right now, slobby sequestration, whenever you want to call it could be short-lived and there could be problems. what do you see happening? >> well, i think rand paul messages effective not only for the markets, but for the economy and the country at large because he is making a connection between economic liberty and prosperity. he understands that does look to the 20th-century. always the most prosperous countries are always the most free. and the message of essentially constitutionality, individual rights, that is tremendously bullish for the market. bullish for the economy. hitting the nail on the head. the fact that everything investors are seeing that we had a sequestered. this guy did not fall. there is still more work to be done in
you will get less tax revenue when the economy is smaller. this is something that the market understands. they want to see the economy grow. less in the future is better for the economy and markets. neil: that would mean no that if we are continuing on this trend, everything that the markets are celebrating right now, slobby sequestration, whenever you want to call it could be short-lived and there could be problems. what do you see happening? >> well, i think rand paul messages effective...
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Mar 20, 2013
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this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as well. neil: craig, this is a concern. if others get a cue from this watch out. >> california is a trendsetter. as a small business owner, my other friends who are small business owners we've been hit with 5 to over 100,000-dollars in fourth quarter of last year in retro active tax, that is job, and investment money and a downer on christmas. now a new one that bureaucrats at franchise tax board are making a decision, it is politicians that are out of control, california is worst with highest tax state, the highest sales tax
this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as...
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Mar 15, 2013
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>> if they actually believed there would be a change and there would be a territorial tax system then leave it there for the time being and if there isn't, they should pay the tax and bring them back. >> for anyone who missed it. you did have a position in apple and you sold out of it last fall. >> no, we cut the position. we are now overweight apple and we completed the position just a couple of days ago. in fact, an interesting thing on an willel, the apple 2015 leaps for the 500s trade around 40 bucks. if apple goes back to where it was six months ago that is four to five times your money. >> bill, thank you so much for joining us and brian, thank you. >> they dragged me in. >> make sure you join us on monday. "squawk on the street" begins right now. ♪ ♪ ♪ >>> the big question, will today be the day? the s&p 500 surpasses its all-time closing high or should the bears beware the ides of march. i'm melissa lee with carl quintanilla, jim cramer and david faber from the new york stock exchange. it does look like we are backing off of those record highs that we had yesterday on th
>> if they actually believed there would be a change and there would be a territorial tax system then leave it there for the time being and if there isn't, they should pay the tax and bring them back. >> for anyone who missed it. you did have a position in apple and you sold out of it last fall. >> no, we cut the position. we are now overweight apple and we completed the position just a couple of days ago. in fact, an interesting thing on an willel, the apple 2015 leaps for...
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Mar 19, 2013
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you know, there are the taxes on assets, tax that are on insurance companies that are getting passed to consumer and you know maybe down the line there will be questionable taxes on savings accounts. you never know what the united states will do. neil: all i know, they are a heck of a lot more ways to be create testify get money than spending, very good points thank you, mike rigs in washington. >> to mike a point, the problem with small nation going after its citizens bank deposits, other bigger nations see how it goes, and markets world over fear all far it goes, which could explain why so many markets were tajin oing tankings thing. joe perry. and -- joe, what do you think? >> i think it is jjst as you said, this has been going on, for a while. and the bigger government gets, the more intrusive it gets it has been in your pockets, my pockets, my banks pockets by depositors pockets, large and small. what is happening now, like a story we use in banking called boiling a frog, you want to bl a frog, if you put him in boiling water he will jump o and complaint, this is what is happeni
you know, there are the taxes on assets, tax that are on insurance companies that are getting passed to consumer and you know maybe down the line there will be questionable taxes on savings accounts. you never know what the united states will do. neil: all i know, they are a heck of a lot more ways to be create testify get money than spending, very good points thank you, mike rigs in washington. >> to mike a point, the problem with small nation going after its citizens bank deposits,...
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Mar 21, 2013
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what he did was cut taxes on working people, 90 percent of the public did not pay any taxes. the 2% the did. lou: to drop their rates from 15, under 1 percent as a percentage of the revenue income revenue. 1924, immigration act. people don't realize he did a lot to bring out what we refer to now has diversity. he waseaching out to immigrants from all quarters, minority groups of all kinds. >> he also signed in at the main gate of american citizens. they could vote. way ahead on civil rights, proposing federal anti lynching loss. he spoke out to irish groups, jewish groups while at the same time that that evidence should be made american which is something that is clearly missing from our immigration debate. lou: the idea of going from melting pot to a cultural selig we never quite bring everybody together. that's like to ba very big issue. let me get your thoughts. are we going to see comprehensive immigration reform? >> i think not. when people see the price tag, the need to understa that -- well, coolidge understood. i'm engaged to marry an immigrant. nothing against immigr
what he did was cut taxes on working people, 90 percent of the public did not pay any taxes. the 2% the did. lou: to drop their rates from 15, under 1 percent as a percentage of the revenue income revenue. 1924, immigration act. people don't realize he did a lot to bring out what we refer to now has diversity. he waseaching out to immigrants from all quarters, minority groups of all kinds. >> he also signed in at the main gate of american citizens. they could vote. way ahead on civil...
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Mar 19, 2013
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, local taxes, or federal taxes. california says they miss about $6.5 billion a year in tax revenue because of the underground economy. you multiply that out, that's a lot of money. adds up to more than they sequester. >> shepard: a large part of that is the failed drug war. but the drug war -- the reason it existed now, frankly, is that there's such an enormous economy around the failed drug war, that all the people who work in this failed industry, if you closed the failed drug war industry, you'd have hundreds of thousands of people without jobs. reporter: i suppose. or do the opposite which is make marijuana legal and maybe try to tax it. >> shepard: and regulate it. reporter: i think that illegal activity is a constant and what is new is work that is actually legal, it's just not -- off the books and the income is not being reported. >> shepard: changing world. >> it is. >> shepard: this dire situation in syria got more complicated, at least for today. coming up more on the reported use of chemical weapons. now,
, local taxes, or federal taxes. california says they miss about $6.5 billion a year in tax revenue because of the underground economy. you multiply that out, that's a lot of money. adds up to more than they sequester. >> shepard: a large part of that is the failed drug war. but the drug war -- the reason it existed now, frankly, is that there's such an enormous economy around the failed drug war, that all the people who work in this failed industry, if you closed the failed drug war...
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Mar 21, 2013
03/13
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there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california ione of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what pliticians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound migration, but i think the question is, did you break safe with the business community when you promise them the temporary tax, people sported it. i don't know very few people in the business community opposed it the first time because we thought, well, he's doing a good job. he's trying to fix it a lot of things in the state budget. if he needs the temporary cover, give it to him, but now to extend it, that reminds me that federal income tax was supposed to be a temporary tax to pay for world world war i, limited to pay for world war i. neil: you're right. stayed on, didn't it? >> t
there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california ione of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what pliticians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound...
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Mar 17, 2013
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i don't think he should have said a ban, he should have raised taxes. we have to pay for it in health care the reason you want to do it. it's not because we're so concerned about what other people are consuming, it's he related to diabetes and people gain weight and the health care costs get passed on to everybody living a healthy life, tax them. >> i think the media has gone after him in part because he went after it brutally and tell what you to do and sarah palin said goodness gracious get out of my fridge. and people feel it's too heavy handed. on the other hand there's nothing wrong with saying there's too much obesity. obesity is a problem and i think especially in the minority communities and our children and i'm for the spirit of it, but he didn't have to pass a law. i mean-- >> he didn't pass a law. >> he passed a law through the city council that would have been better. but wouldn't have gotten it through. >> there's a long line of bad human habits i disagree with, but i don't think that we should tax behavior. i don't think that we should try
i don't think he should have said a ban, he should have raised taxes. we have to pay for it in health care the reason you want to do it. it's not because we're so concerned about what other people are consuming, it's he related to diabetes and people gain weight and the health care costs get passed on to everybody living a healthy life, tax them. >> i think the media has gone after him in part because he went after it brutally and tell what you to do and sarah palin said goodness gracious...
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Mar 19, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ cheryl: power mover of the hour is starting 20 medical 13 off on the wrong foot. dsw, shares down actually 7% now, $4.50. retailer expected fourth quarter earnings and can want give a confident estimate on the full mere. this is a big problem. this is a columbus, ohio based company. i can't talk today. they are saying sales in the first week of 20 # 13, the year to date chart shows the story, and the pressure on the chart, a stock to watch, and, also, charles payne and i share our favorite stock, crocs, and they open a lot of stores. charles, i'm curious what you think. going to nicole at the new york stock exchange, the dow just turning positive, like magic, nicole. >> that's righ
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ cheryl: power mover of the hour is starting 20 medical 13 off on the wrong foot. dsw, shares down actually 7% now, $4.50. retailer expected fourth quarter...
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Mar 19, 2013
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you tonight, wall street shrugging off a botched european union bailout of banks and an unprecedented tax on the deposits in cyprus, a tiny nation of 1.1 million people that will cost investors hundreds of billions of dollars in market capitalization. the dow jones industrial average down more than 100 points earlier but rebounded losing a modest 62 points. the s&p fell nine, the nasdaq down 11 and a half. the market off of the lows of the day. officials revising the imprudent and unreasonable plan to seize money from bank depositors to pay for the eu bailout. much damage has been done and some investors are so shaken, they will take their money out of the banks at their first opportunity, which is now thursday morning. international monetary fund and central bank are embarrassed, which doesn't solve the insolvency problem. negotiators around 150 nations from new york city trying to negotiate a binding treaty that would end unregulated arms sales. the arms trade treaty president obama now says he supports. thnational rifle association promises to strongly oppose that treaty saying it will
you tonight, wall street shrugging off a botched european union bailout of banks and an unprecedented tax on the deposits in cyprus, a tiny nation of 1.1 million people that will cost investors hundreds of billions of dollars in market capitalization. the dow jones industrial average down more than 100 points earlier but rebounded losing a modest 62 points. the s&p fell nine, the nasdaq down 11 and a half. the market off of the lows of the day. officials revising the imprudent and...
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Mar 15, 2013
03/13
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of the choice we wouldather have only 2 percent of people's taxes go up instead of everybody's taxes go up. lou: and i understand the difficult choice, the toys that they found themselves in because they had been outmaneuvered. and did not think that they were sterling in there, if you will, tactics or strategy. >> well -- lou: i absolves them. >> thank you, francis. lou: well, if it's francis it's a different kind of deal, not about that. it's more likely to be about a mule. governor, we thank you very mu. >> thank you for having me. lou: much more on the future of the republican party throughout tonight's show. stay with us. ♪ lou: president and the famous the proclaimed the era of big government to be over. boy, was he wrong. but this wrong? we take it up in tonight's "chalk talk." ♪ wall street streaking higher. will it go higher from here? charles schwab managing director randy fetter on this recd rally. dad, i'd put that down. ah. 4g, huh? verizon 4g lte. 700 megahertz spectrum, end-to-end, pure lte build. the most consistent speeds indoors or out. and, obviously, astonishi
of the choice we wouldather have only 2 percent of people's taxes go up instead of everybody's taxes go up. lou: and i understand the difficult choice, the toys that they found themselves in because they had been outmaneuvered. and did not think that they were sterling in there, if you will, tactics or strategy. >> well -- lou: i absolves them. >> thank you, francis. lou: well, if it's francis it's a different kind of deal, not about that. it's more likely to be about a mule....
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Mar 20, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ melissa: so we heard the "money" power panel. want to bring in somebody who knows a thing to about big business in this economy. the ceo of landreau stock company that includes the dining entertainment, gaming, and hospitality sectors. he is an industry titan, and he is here with me now. great to have you back on the show. you are reopening one of your restaurants. you are clearly expanding. you must have some confidence and was going on. >> we continne to grow. gaming, hospitality, restaurants . i do have confidence in our great american capitalism economy. at the same time, it is not backward was a few years ago. we live in a great economy. as you can see, restaurants are busy, h
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ melissa: so we heard the "money" power panel. want to bring in somebody who knows a thing to about big business in this economy. the ceo of landreau...
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Mar 20, 2013
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they have tens of billions of tax losses they shld be able to write off and they claim that is paying us back. gerri: that is cheating. >> it absolutely is. the sad thing is, it is allowed under accounting rules as an asset, certainly other banks it is not simply, think it is horrible policy. gerri: is is our money at the end of the day. they should have to repay it, if i owed the government that much money, believe me, i would be forced to repay every single dime. i would be in jail. what is interesting is there are lot of attorney general's calling for him to leave offe. take a look at these names. the list goes on and on. there is a lot of anti-ed demarco effort out there. will they be successful? >> personally i find this kind of offensive. they put together a settlement that got more money for state governments that actually got foreclosed borrowers. many have been at the forefront of trying to stop the housing market from clearing, stop trying legitimate foreclosures and broad moratorium so this hasn't been about helping them leave. they have been on willingto let fannie and fre
they have tens of billions of tax losses they shld be able to write off and they claim that is paying us back. gerri: that is cheating. >> it absolutely is. the sad thing is, it is allowed under accounting rules as an asset, certainly other banks it is not simply, think it is horrible policy. gerri: is is our money at the end of the day. they should have to repay it, if i owed the government that much money, believe me, i would be forced to repay every single dime. i would be in jail....
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Mar 13, 2013
03/13
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reform, where we can lower both the income tax and corporate tax, i want to reward productivity, not punish productivity. we have to keep making things and building things and en vating, those -- invo vating, those are companies environment brincompanies that i wantto brih carolina's work force and our tax climate and quality of life, and right to work status, which we've had for a long time, and we're got goiig to change it, is a great retributemen recruitmen. neil: how much do you look at problem that boeing has been having, to get the dreamliner batteries fixed. were you breathing a sigh of relief? >> if you talk about the labor unions, and what the obama administration was doing with that, that is ridiculous. i'll fight with my fellow competitors even in south carolina to protect our right to work stat us in north carolina and my neighbors competing states, that very important. neil: regardless, both and other companies to look to right-to-work states, your own included, that is not disrupted by whatever problem it had? >> no. no, not at all. and the other thing, we have to be ca
reform, where we can lower both the income tax and corporate tax, i want to reward productivity, not punish productivity. we have to keep making things and building things and en vating, those -- invo vating, those are companies environment brincompanies that i wantto brih carolina's work force and our tax climate and quality of life, and right to work status, which we've had for a long time, and we're got goiig to change it, is a great retributemen recruitmen. neil: how much do you look at...
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Mar 14, 2013
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doing because the way she raises revenue is not by raising tax rates, but closing tax loopholes and things like that. neil: i liked a lot of she said because it wasot across the board rate increased, and i do like what i saw in the paul ryan because i finally read his thing today. defense cuts in there -- >> the problem -- neil: he's limiting the growth in even something for republicanwhich is their entitlement, if you will, defense. i think between the two maybe the hope. >> there's got to be hope, extreme grand bargain and they meet in the middle. at the end of the day, president obama has eye on history, and he knows his legacy, he needs to get to deficit reduction. we know not all spending is created equal, some is dreadful, needs to go, cobin is good on wast-- neil: came up with $4 00 billion in defense. >> spend more in america than ten countries in combinedded. neil: america, we need you. >> it's not america's job to be -- neil: really? winston churchill, would be hard because he's dead, but you know what i mean. >> i do, but fundamentally, maybe they can meet in the middle b
doing because the way she raises revenue is not by raising tax rates, but closing tax loopholes and things like that. neil: i liked a lot of she said because it wasot across the board rate increased, and i do like what i saw in the paul ryan because i finally read his thing today. defense cuts in there -- >> the problem -- neil: he's limiting the growth in even something for republicanwhich is their entitlement, if you will, defense. i think between the two maybe the hope. >>...
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Mar 17, 2013
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tax. >> exactly. the reason that that deal was amenable was because it is deeply regressive tax on working people. a way they solve the problem. i just -- i worry when -- if we are talking about a grand bargain it is like -- well, who is -- who going to end up paying for the grand bargain and that, to me, i'm not sure that's a model, frankly. everyone talks about it as a model. look at the distribution there. >> remember also -- remember the circumstances. everybody forgets. 1983, they were projecting social security was going to go broke in two years. two years. now -- the trustees of the majority of the report, intermediate report projects having a problem of paying 57% of benefits in 20 years and the more optimistic report which has been right of that 09% of the time over the last 30 years says social security is plush with 57 years into the future. the fookt is no one says social security is a problem in two years. they were in desperate times. >> they really felt like they were on the precipice.
tax. >> exactly. the reason that that deal was amenable was because it is deeply regressive tax on working people. a way they solve the problem. i just -- i worry when -- if we are talking about a grand bargain it is like -- well, who is -- who going to end up paying for the grand bargain and that, to me, i'm not sure that's a model, frankly. everyone talks about it as a model. look at the distribution there. >> remember also -- remember the circumstances. everybody forgets. 1983,...
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Mar 14, 2013
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maybe we get tax revenue? maybe it ain't so bad? >> well, natural gas is cheaper and much less pollutive than our coal-based. david: you don't have to sell me but could you sell the president on that? >> i think his people around him should know it and probably do because it's wonderful to promote electric cars but somebody has to make the electricity. it doesn't just live in the wall of your garage and need to be liberated with a plug. so you have to get it out. and right now about a third of all electricity comes from gas but another third or so comes from coal. i believe gas will largely displace coal and that will bring down carbon emission as lot. david: you're not a stock-picker. we go to other people for that. you brought into exco resources which was up about 10%. i think you probably exceeded your buy point which i believe was, i looked it up, it was $6.78 you bought it for. it is 7.80 a share. you're a winner. took you a while. >> we didn't buy it for a few pennies. exco is one. larger exploration and production companies.
maybe we get tax revenue? maybe it ain't so bad? >> well, natural gas is cheaper and much less pollutive than our coal-based. david: you don't have to sell me but could you sell the president on that? >> i think his people around him should know it and probably do because it's wonderful to promote electric cars but somebody has to make the electricity. it doesn't just live in the wall of your garage and need to be liberated with a plug. so you have to get it out. and right now about...
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Mar 18, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk inclus possible loss of principal. ...amea... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. that was the only thing left of the house. the only thing. red cross helped us and t
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk inclus possible loss of principal. ...amea... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta...
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Mar 17, 2013
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if everybody has skin in the game you to be responsible because if you come talking about raising taxes you are raising taxes on everybody you better have a darn good reason. >> judge jeanine: and, of course, congressman sarah palin and dr. ben carson. what do you you think of their comments? >> judge is, i think they are right. i think the interesting thing about every single speaker sat cpac and i would guess probably almost every participant. one thing uniting them and one theme that went through all of the speakers and it was simply this, that the united states is headed in the wrong direction and headed there at breakneck speed and i think that is something that americans are embracing right now and the big excitement about cpac is how do we turn it around quickly because this administration is not trying to do it. >> judge jeanine: are we look at a new conservative movement congressman in this country? a lot of talk after the election we have to kind of walk away from our conservative principles but didn't sound like that to me at cpac? >> i don't think it is, judge. i think what
if everybody has skin in the game you to be responsible because if you come talking about raising taxes you are raising taxes on everybody you better have a darn good reason. >> judge jeanine: and, of course, congressman sarah palin and dr. ben carson. what do you you think of their comments? >> judge is, i think they are right. i think the interesting thing about every single speaker sat cpac and i would guess probably almost every participant. one thing uniting them and one theme...
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Mar 19, 2013
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growth or more tax and spend? >> despite this confidence in their plan, the reality is that the ryan plan will likely pass the house tomorrow and then die a lonely death in the upper, lower chamber. having garnered no bipartisan support whatsoever. but don't expect that to be the end of the budget tango. and don't expect it to be the end of finger-pointing, either. as the majority leader reminds us, nothing says deal maker like an inability to compromise. >> if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside. >> joining us now from new orleans, is democratic political strategist, james carville, the author of many books, including his latest "it's the middle class, stupid" james, it's a joy to have you on the show. thank you for joining us. i didn't have time to get into the wagner budget and the carville budget, but i wonder with the proliferation of budgets, mr. carville, do you think we're any closer to any kind of deal? >> pro
growth or more tax and spend? >> despite this confidence in their plan, the reality is that the ryan plan will likely pass the house tomorrow and then die a lonely death in the upper, lower chamber. having garnered no bipartisan support whatsoever. but don't expect that to be the end of the budget tango. and don't expect it to be the end of finger-pointing, either. as the majority leader reminds us, nothing says deal maker like an inability to compromise. >> if the president wants...
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Mar 19, 2013
03/13
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series, tax pain. we'll be right back. [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections oa complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. cheryl: we're coming up on 15 past the hour. stocks every 15 minutes. we have fox business team coverage for you. bill flynn is standing by the trading pits. sandra is at the daily wizard and charles payne showing us h
series, tax pain. we'll be right back. [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections oa complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses...
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Mar 15, 2013
03/13
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low costnd tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackro. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. david: time for a speed read, some of the day's other headlines, five stories, one minute. pentagon spends one billion dollars a year in a program that sends up employment to troops that left the military voluntary little. the program has risen more than $600 million over the last ten years. >>> toyota is recalling 310,000 fj-cruiser suvs for a seatbelt problem. the recall affects vehicles from 2007 to 2013. those model years. >>> volkswagen is planning to expand its production in china by more than 0% over the next five years. the auto company planning to build at least seven new factories. >>> u.s. videogame sales declined 25% to $810 million in february compared to a year ago. hardwar
low costnd tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackro. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. david: time for a speed read, some of the day's other headlines, five stories, one minute. pentagon spends one billion dollars a year in a program that sends up...
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Mar 14, 2013
03/13
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. >> you know, again, if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside and focus on what we agree on. and my takeaway was that. >> i thought that we had a very frank and candid exchange of ideas. and frankly, i think it was productive. we have a spending problem. we have to attack the spending. and the president understands, yeah, we've got some long-term spending that we need to deal with, but he's going to hold hostage the fact that he wants to raise taxes on the american people again. >> last night, the president addressed organizing for action, the group run by many of his former top operatives to help advance the president's agenda. the president downplayed his new efforts to work with members on the hill. >> over the last several weeks, the press here in washington's been reporting about obama's charm offensive. well, you know, the truth of the matter is, all i've been doing is just calling up folks and trying to see if we can break through some of the gobbledygook of our politics here. at th
. >> you know, again, if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside and focus on what we agree on. and my takeaway was that. >> i thought that we had a very frank and candid exchange of ideas. and frankly, i think it was productive. we have a spending problem. we have to attack the spending. and the president understands, yeah, we've got some long-term spending that we need to deal with, but...
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Mar 16, 2013
03/13
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new jersey republican chris christie was no federal government tax and spend liberal but when hurricane sandy devastated his and other states he became one of the most vocal advocate for the government to spend billions of dollars immediately to help out his and other states. for his republican governor rick scott, who spent years and millions of dollars of his own money fighting obama care tooth and nail now says he supports that law's expansion of medicaid in his state. the governor said his change of heart came when his own elderly mother died last year. empathy, especially in elected officials, is a good thing. but there is also something frustratingly blinkered and limited about this form of persuasion. if it's going to take every anti-gay politician having a gay son for gay people to be treated like other human beings in this country then equal rights are going to take longer to achieve than they should. that's why this is still necessary. in order for change to happen. things that turn those moments of personal empathy into civil rights advancements. that's the work of activists.
new jersey republican chris christie was no federal government tax and spend liberal but when hurricane sandy devastated his and other states he became one of the most vocal advocate for the government to spend billions of dollars immediately to help out his and other states. for his republican governor rick scott, who spent years and millions of dollars of his own money fighting obama care tooth and nail now says he supports that law's expansion of medicaid in his state. the governor said his...